Wealth Potion @wealthpotion
I help you understand business, money and #Bitcoin in simple terms. wealthpotion.com Subscribe to the newsletter 👉 Joined November 2022-
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You used to make a lot of money working in retail? Well, not for much longer. Retail is going the way of the dinosaur. Robots are cheaper, more efficient, and make fewer mistakes than humans. And they’re getting even less expensive over time. The retail jobs most at risk…
The 9-5 job is going extinct. What’s replacing it? - Independent contractors - Gig economy work - One person agencies and consultancies - Content Creation - Entrepreneurship and Solopreneurship - Indie Hacking The list goes on and on. And this is not opinion, this is…
8 communication tips from 8 years in B2B sales: 1. Ask questions 2. Ask more questions 3. Ask better questions 4. Listen 80%, speak 20% 5. Disqualify early and often 6. Never come off as desperate 7. Set an agenda for every meeting 8. Don’t celebrate until the job is done
Who is the character you’re slowly turning into?
Who is the character you’re slowly turning into? https://t.co/fxzg6bNBrV
Financial advisors provide you with the “safe” advice. This is generally why very wealthy people recommend financial advisors. Financial advisors more sense when you’re trying to PROTECT your wealth, not when you’re trying to BUILD wealth.
What if having an exceptional life also meant: - Exceptional stress - Exceptional problems - Exceptional difficulties Would you still want it? Yes? Ok, then keep going.
How to go from $0 to $100k net worth: - Get a job - Pay off high interest debt - Set aside emergency fund - Invest aggressively (index ETfs if you’re new) - Avoid big unnecessary purchases - Keep your cost of living low You’ll have $100k in no time.
If cash were invented today, the US government would probably ban it.
How ANYONE can make 6 figs: - Practice speaking clearly - Learn to write effectively - Get a job in sales (SDR) - Learn to prospect - Promotion to AE - Learn to close Boom, you are now making $100k OTE minimum. Probably closer to $150k to $200k. Good luck.
“What is Money?” Is the most important question of our lives. h/t @Breedlove22 @WhatisMoneyShow
“What is Money?” Is the most important question of our lives. h/t @Breedlove22 @WhatisMoneyShow
Happy Bitcoin Halving 🎉🎉🎉
This post is obvious engagement bait but the replies are filled with bad excuse after bad excuse… People have forgotten how to do deep work.
This post is obvious engagement bait but the replies are filled with bad excuse after bad excuse… People have forgotten how to do deep work. https://t.co/X3awl61B4R
“Corporate profits are at an all time high!!!” Young people LOVE to complain about this. Newsflash: Corporate profits are virtually *always* at an all time high. And they *should* be at an all time high. If they aren’t, it usually means we are in a recession. A recession…
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18K Followers 612 Following 7x biz owner. Rolling up foundries now @canekast, moving to other SMB manuf soon. Sharing W’s and L’s … most tweets lessons learned from L’sLuke refuses to even look into the work that’s put into Utreexo and misleads the crowd to attack other devs. We can have pruning and _reduce_ the work a node does. His research is stuck in 2016. Don’t let him mislead you.
@staccSats Pruning just _increases_ the work a node needs to do. It doesn't help mitigate the issue at all. The only way to check the UTXO set, is to sync from the genesis block.
@LawrenceLepard @FossGregfoss @HoiAnHODL @RudyHavenstein @saifedean “We are not put on this earth for ourselves, but are placed here for each other.” The replies here should show you how loved and missed you are @FossGregfoss. Let your friends be there for you now. Call.
@FossGregfoss @HoiAnHODL @RudyHavenstein @saifedean Foss, call me. You have to stop beating yourself up. You are a gem of a human. We love you. Rest up, we will be here when you come back.
@dotkrueger With all due respect to Fred, I've outlined literally all of those differences repeatedly when making the comparison. The main similarity is fiscal dominance (40s), not lending dominance (70s). It's best to fully know someone's thesis before explaining how you disagree.
@TheStalwart you left out "protection against debasement"
Indeed; and it is no minor argument.
The one legitimate argument for bitcoin imo Fiat currency comes with certain strings attached to its usage. If you think that over time, governments will impose more rules on how you’re allowed to use dollars, people may want an option without a middleman.
@brian_trollz @adam3us @w_s_bitcoin @brian_trollz What's with the personal digs?
@brian_trollz @w_s_bitcoin look i've been around a while alright, in startups at the pointy edge of internet, encryption, privacy tech, now digital bearer cash innovation. irrational panic fomenting isn't helping anyone or anything. where would the internet be if prior periods acted like you seem to want.
@brian_trollz @w_s_bitcoin in society civil servants literally work for us. yes policy evolution risks being erratic, but that's reason to inform, lobby, influence policy away from anti-innovation directions, and keep regulations tracking what society wants not reactionary media, and political knee jerk.
@nikzh No. I am not worried about sci-fi attacks on the Bitcoin network, this is a distraction I am worried about attacks on Bitcoin users and on state attempts to only permit KYC use
Pitt nailed this character ngl
Who is the character you’re slowly turning into?
If you're 18 to 25 years old. Get in the gym. Get a sales job. Build a side hustle. I promise this is THE best route for you.
@dandolfa Sure. Your RHS seems to already answer my question affirmatively.
@dandolfa It isn't about whether taxes have some bearing on the money supply. The MMT "take" consists of denying that taxes fund government. They are "only" for controlling inflation. As I mentioned, the latter view originates in Lerner's "Functional Finance" article.
@dandolfa Nothing wrong w/ this MMT take. But there's also nothing wrong w/ viewing tax payments (or acquiring gov't securities or fiat money) as "funding" gov't, that is, increasing its share of scarce resources. What drives me nuts is MMTs calling the old-fashioned view "wrong."
Here’s a quick summary of my podcast conversation with @PeterSchiff that’s dropping tomorrow. Must listen.